Budapest, Hungary, 2015-11-5 — /Travel PR News/ — Wizz Air Holdings Plc (“Wizz Air” or “the Company”), the largest low-cost airline in Central and Eastern Europe, announces that shareholders today approved the proposed purchase of 110 Airbus A321 neo aircraft at a general meeting held at 13.00 (CET) at the offices of the Company in Geneva, Switzerland.
Details of the number of Shares voted in person or by proxy is set out below:
|
Resolution |
Votes FOR |
% |
Votes AGAINST |
% |
Total Votes |
% of Issued Share Capital Voted |
Votes Withheld* |
|
Proposed purchase of 110 Airbus A321 neo aircraft |
38,386,441 |
100.0% |
– |
– |
38,386,441 |
73.3% |
149,506 |
*A vote withheld is not a vote in law and is not counted towards votes cast “For” or “Against” a resolution.
Details of the proposed purchase were set out in a circular posted to shareholders on 15 October, 2015 and which is available at:www.hemscott.com/nsm.do and on the Company’s website athttp://corporate.wizzair.com/en-GB/investor_relations/A321_order/Class_1_Circular
A copy of the resolution passed at the meeting is being submitted to the National Storage Mechanism and will be available at: www.hemscott.com/nsm.do
József Váradi, Wizz Air Chief Executive said:
“We welcome the approval of our shareholders of this important transaction which means we can continue to build on our strong market position in Central and Eastern Europe. The new aircraft will enable us to sustain our cost advantage through cabin innovations, the latest engine technology and other efficiency improvements, while enhancing our customer offering and experience. The agreement with Airbus also provides significant flexibility to match our fleet to our growth requirements.”
For all other countries: communications@wizzair.com
SOURCE: Wizz Air Hungary Ltd.